Woodley Property LLC Acquires 28-Unit Multifamily In Van Nuys For $5M

A multifamily property located at 6655 Woodley Ave in Van Nuys has been sold for $5,000,000. The property spans 23,173 square feet, with a price per square foot of $215.77. It consists of 28 units, resulting in a price per unit of $178,571.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,000,000
• Square Footage: 23,173
• Price per Square Foot: $215.77
• Number of Units: 28
• Price per Unit: $178,571

Woodley Property LLC has purchased the property from FP Woodley LLC. The transaction was facilitated by Yitzy Pearson of Pearson Real Estate Group, who represented the buyers, Woodley Property LLC, in the deal.